Elizabeth Holmes jury split on three of 11 fraud charges
The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes on Monday said it is deadlocked on three of the 11 felony counts against her, signaling the end may be near for a legal drama that’s captivated Silicon Valley.
Holmes, a once-celebrated entrepreneur, is accused of duping investors and patients about a flawed blood-testing technology that she hailed as a medical breakthrough.
After receiving a note from the jury, U.S. District Judge Edward Davila summoned the eight men and four women back to the courtroom where Holmes’ trial took place. He urged them to re-examine their positions while adhering to their instructions to only return a guilty verdict if convinced beyond a reasonable doubt.
“Take as much time as necessary. There is no hurry,” Davila emphasized.
The jury then returned to its deliberations, which have taken more than 40 hours so far. They have sent out three notes, but Monday’s marked their first communication to the judge that directly addressed potential verdicts.